Equinor Buys 486K Shares at NOK 327 for Employee Programmes

Equinor ASA bought 486,072 of its own shares on the Oslo Stock Exchange on June 15 at an average price of NOK 327.11 each, the company said in a regulatory filing. The purchase is part of a buy-back programme announced Feb. 4 that runs through Jan. 15, 2027, with total authorisation to acquire up to 19.6 million shares for NOK 1.97 billion.

The programme splits into two tranches. The first allows up to 7.92 million shares between Feb. 13 and May 15, 2026. The second covers up to 11.68 million shares from May 15, 2026 to Jan. 15, 2027. Shares bought under this programme go to share-based incentive plans for employees and management, not to the separate buy-back programmes Equinor runs to reduce issued share capital.

After the June 15 transaction, Equinor holds 66.77 million treasury shares, or 2.61% of its share capital. That count includes shares from the previous employee-programme buy-back and from the capital-reduction programmes.

The filing did not specify how many shares remain to be bought under the current employee-programme authorisation. At the June 15 average price, the remaining NOK 1.97 billion programme ceiling implies roughly 6 million shares still available for purchase.

Equinor's EQNR stock page shows an Alpha Score of 51/100, labelled Mixed, in the Energy sector. The buy-back comes as the company balances record output against falling returns on capital employed, a tension flagged in earlier analysis of the stock's risk profile.

Bård Glad Pedersen, senior vice president of Investor Relations, and Sissel Rinde, vice president of Media Relations, are the contacts listed on the filing.